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10 Ormuz Avenue,
Caloundra 4551, Queensland

730m² land size
232m² building size
Land/Development

$2,100,000


Property details

Off Market Development Opportunity With Significant Holding Income

Samuel Hoy and David Goldsworthy are thrilled to present one of Caloundra's last hidden gems at 10 Ormuz Avenue.

Situated in a prime Major Centre Zone, this property offers an exceptional opportunity for investors to boost rental income and capitalise on Caloundra's fast-growing, sought-after location. This 730m² land parcel, directly across from one of Caloundra's flagship IGA Centres, features dual access from both Lamkin Lane and Ormuz Avenue, providing excellent versatility and convenience.

FEATURES:
• Net Income: $114,437.21 PA*
• 730m² allotment with dual access
• Multiple tenancies for diversified income
• 25m height limit
• Directly opposite flagship IGA
• Major Centre Zone

10 Ormuz Avenue has undergone recent renovations focused toward modernisation, however the property enjoys a substantial rental upside with an approval DA for multi food operators in a laneway style courtyard and food van.

For further information, please contact marketing agents Samuel Hoy and David Goldsworthy from RWC Northern Corridor Group.

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